Parma, OH Housing Market

$208,292

5.9% 1-yr

The average Parma, OH home value is $208,292, up 5.9% over the past year and goes to pending in around 4 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Parma Key Takeaways

Typical Home Values: $208,292

1-year Value Change: +5.9%

(Data through May 31, 2025)

Parma Housing Market Overview

--1-year Market Forecast

133For sale inventory(May 31, 2025)

93New listings(May 31, 2025)

1.006Median sale to list ratio(April 30, 2025)

$204,583Median sale price(April 30, 2025)

$220,000Median list price(May 31, 2025)

50.6%Percent of sales over list price(April 30, 2025)

36.3%Percent of sales under list price(April 30, 2025)

4Median days to pending(May 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Parma

NameMedian ZHVI
Old Brooklyn$159,700
Puritas-Longmead$130,951
Brooklyn Centre$107,821
Stockyards$92,205
West Boulevard$125,865
Jefferson$145,035
Clark Fulton$104,589
Cudell$115,896
South Broadway$76,416

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Parma Homes for Sale

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Parma Rental Market Trends

$1,398Average rent in Parma(May 31, 2025)

$2,049National average rent(May 31, 2025)

-1.1%Month-over-month change(May 31, 2025)

5.5%Year-over-year change(May 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.